Skip to main content

About your Search

Search Results 0 to 1 of about 2
. but yesterday we saw a precision air strike from israel on a hamas chief-of-staff leader, and what that did was it raised that bar again about the geopolitical risk with crude-oil, and we saw this big reversal to the upside. > > there is yet another call for gold to go to $2,000 an ounce. what do you think about that? > > i definitely think so. the issue that we're having here is safety, and there's not enough of it to be spread around. we're seeing almost no yield in treasuries. we saw a german note auction that provided a negative yield. the dollar index isn't much safer than the euro currency. so gold seems to be a hard asset and a place that traders may want to be. > > good to have you on the show this morning. have a good trading day phillip. > > thank you. president obama has set the pace for tomorrow's meeting with congressional leaders. in a news conference yesterday the president reiterated the need to raise taxes on the wealthy while continuing tax breaks for the middle class. the president wants to bring in $1.6 trillion in new revenue. the president made the comments yesterday,
, with israel and everything else, nobody has really talked too much about iran lately. they're still there. they still have their nuclear issue. and they're still looking to block the strait of hormuz if pushed too far. i would look for brent crude oil to continue to rise up. > > there is just a lot going on. thank you gary. > > there certainly is! china has a new leader, 59-year old xi jinping. he's travelled widely in the west, organized the beijing olympics and has a daughter attending harvard. for the next ten years, he will head up a ruling elite of seven men and oversee economic change in the world's most populous nation. to many, xi jinping's life of contradiction may be to the west's advantage. head of china's ruling communist party and married to a pop-star, his teenage years were spent working the fields in one of china's poorest areas. his daughter now attends harvard. as an adult, he's seen a lot outside china. "he lived in the u.s. and learned american business. was it a favorable experience? yes." at this chicago business conference promoting trade between the u.s. and china,
Search Results 0 to 1 of about 2